Starmer: I can’t do some ‘good Labour things’ for the sake of ‘sound money’ November 22, 2022 Sir Keir Starmer has said his party won’t be able to do some “good Labour things” as quickly as he would like if it wins government as he will need to promote “sound money in our public finances”. Starmer told the Confederation of British Industry’s (CBI) annual conference that Labour under his leadership had become [...]
UK borrowing surges to £13.5bn on energy price cap support November 22, 2022 UK borrowing surged over the last year due to the government partially covering the cost of household energy bills, official figures out today reveal. The UK’s debt pile swelled £13.5bn last month, up more than £4bn compared to October 2021, according to the Office for National Statistics (ONS). Although high, the figure was far below [...]
Crypto panic? Cut out the noise! November 22, 2022 Nigel Green urges cryptocurrency investors to avoid panic-selling and, instead, focus on the fundamentals of a digital future.
Kyiv plunged into freezing darkness as the Kremlin targets power supplies November 22, 2022 Ukraine’s capital Kyiv has been plunged into freezing darkness as Russia continues to target its power supplies. President Volodomyr Zelensky spoke to his country last night branding the damage as having been done by “terrorists” from the Kremlin. The war, which began in February, is entering a new phase following Russian retreat from parts of Kherson. [...]
Only 5.8m viewers stuck around for whole England v Iran 6-2 victory November 22, 2022 Only 5.8m viewers stuck around to watch the whole of England’s 6-2 victory against Iran in its World Cup opening match yesterday. According to fresh data from ratings body Barb, the lunchtime match raked in far fewer viewers than the Lions’ opening match back in 2018 at the Russia World Cup, as well as the [...]
Some green candles signal hope in crypto markets, but Bitcoin and Ethereum continue to slide November 22, 2022 The price of Bitcoin and Ethereum - the two largest cryptocurrencies by market cap - are each down today by roughly 2%.
UK slumps to bottom of G7 economy league next year, OECD predicts November 22, 2022 The UK economy will languish behind its rich counterparts next year amid a tough inflation surge driven by worker shortages and an “untargeted” energy support package, a new report reveals. Britain’s economy will shrink 0.4 per cent next year, the worst performance of any country in the G7, according to the Organisation for Economic Co-operation [...]
Explainer-in-brief: A Swiss deal, full of holes of our own making November 22, 2022 Even the mention of a Swiss-style relationship with the EU threw Brexiteers into pitbull mode with Nigel Farage apparently willing to come back and “crush” the Tories. The government has already come out to deny the claims, with Rishi Sunak guaranteeing any trade agreement with the union won’t rely “on alignment with EU rules”. A [...]
Rail talks collapse as RMT boss promises new ‘phase of sustained industrial action’ November 22, 2022 Brits could be facing more travel chaos in the weeks leading up to Christmas, after a fortnight of talks between a rail union and operating firms broke down. The RMT said negotiations to avert industrial with the Rail Delivery Group, which represents train firms, collapsed on Monday, and that there was “the hand of the [...]
Avon Protection shrinks losses as defence sector floods with cash November 22, 2022 Avon Protection, which makes protection gear for the military, police and fire fighters, has managed to shrink its losses as the defence sector is flooded with government cash. The British company has wound down losses to $2.1m, from nearly $30m a year ago. Avon’s revenue rose 8.6 per cent to $263.5m in the year to [...]